MAOYAN ENT Subsidiary Leases Property in Beijing's Chaoyang District

Stock News04-21

MAOYAN ENT (01896) announced that on April 21, 2026, its wholly-owned subsidiary, Beijing Maoyan Weiyin, as the lessee, entered into a lease agreement with Beijing Yulin, as the lessor, for a property. The lease term is nine years, running from April 21, 2026, to April 20, 2035, inclusive. The leased property comprises part of the basement, first floor, and second floor located at No. 158 Beiyuan Road, Chaoyang District, Beijing, China. The Group has achieved steady growth in both its business operations and employee numbers in recent years. Executing the lease agreement will provide the Group with improved and necessary office space and facilities to meet its daily operational needs. It will also enable the Group to secure long-term office property, thereby enhancing the company's operational and management capabilities.

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